Should Canada’s Cannabis Tax Policy Set the Model for Its Tobacco Taxes?

From: Tobacco Reporter

Prices thrown into pot

If the price of legal marijuana must be competitive with black market marijuana to discourage underground sales, then the same logic should apply to nicotine products, according to a ctvnews.ca story quoting the head of Imperial Tobacco Canada.

Governments across Canada are preparing for marijuana’s legalization in 2018 and are creating legislative frameworks to regulate the industry. Bill Blair, the federal MP tasked with leading the drug’s legalization in Canada, has said the provinces generally agree that the price of legal marijuana should be roughly the same or lower than that of the marijuana that can be found on the street.

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